United Maritime (United Maritime) Days Sales Outstanding : 1.99 (As of Dec. 2023)

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What is United Maritime Days Sales Outstanding?

United Maritime's average Accounts Receivable for the three months ended in Dec. 2023 was $0.25 Mil. United Maritime's Revenue for the three months ended in Dec. 2023 was $11.55 Mil. Hence, United Maritime's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.99.

The historical rank and industry rank for United Maritime's Days Sales Outstanding or its related term are showing as below:

USEA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.46 Med: 5.22 Max: 6.8
Current: 5.22

During the past 5 years, United Maritime's highest Days Sales Outstanding was 6.80. The lowest was 3.46. And the median was 5.22.

USEA's Days Sales Outstanding is ranked better than
96.58% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs USEA: 5.22

United Maritime's Days Sales Outstanding declined from Dec. 2022 (4.76) to Dec. 2023 (1.99).

United Maritime Days Sales Outstanding Historical Data

The historical data trend for United Maritime's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Maritime Days Sales Outstanding Chart

United Maritime Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

3.46

6.80

5.22

United Maritime Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						4.76	25.20	-	-	1.99

Competitive Comparison of United Maritime's Days Sales Outstanding

For the Marine Shipping subindustry, United Maritime's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

United Maritime's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Maritime's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where United Maritime's Days Sales Outstanding falls into.

United Maritime Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

United Maritime's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.779	+	0.252)	/	2 )	/	36.067	*	365
=	0.5155					/	36.067	*	365
=	5.22

United Maritime's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0.252)	/	1 )	/	11.553	*	365 / 4
=	0.252					/	11.553	*	365 / 4
=	1.99

United Maritime (NAS:USEA) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

United Maritime Days Sales Outstanding Related Terms

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United Maritime (United Maritime) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Maritime Corp (NAS:USEA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

YS9:Germany

Address

154 Vouliagmenis Avenue, Glyfada, GRC, 166 74

Website

https://www.unitedmaritime.gr/en

United Maritime Corp operates as a shipping company currently specializing in the worldwide seaborne transportation of dry bulk commodities. It currently operates one LR2 tanker vessel and three Capesize dry bulk vessels, one Kamsarmax dry bulk vessel and one Panamax dry bulk vessel, with an aggregate cargo-carrying capacity of approximately 795,812 dwt.